Assistant Vice President - Private Equity Fund Accounting & Operations

Financeroles; United States; On-site; USD 130,000 - 150,000; Full time

Benefits offered by this job

Discretionary bonus eligible

Hybrid work model

Job summary

Apogem Capital seeks an Assistant Vice President to oversee accounting, reporting, and operations for a portfolio of private equity funds. You will review fund accounting deliverables and manage day-to-day relationships with fund administrators, auditors, and internal partners.

Responsibilities include overseeing cash management, Investran transactions, and capital calls; ensuring accuracy of financial statements and compliance with US GAAP; and coordinating audits and reporting across multiple

Qualifications

• CPA strongly preferred.
• Bachelor's degree in Accounting required.
• 5-7 years of relevant work experience in fund accounting or private equity.
• Experience with fund administrators and audits is highly desirable.

Responsibilities

• Oversee fund’s operating activities at investor and portfolio level.
• Review cash management and credit facilities for funds.
• Daily review of financial transactions in Investran on a US GAAP basis.
• Review investments, investors, and legal entities data for reporting.
• Approve waterfalls and carried interest calculations.
• Coordinate with fund administrators for quarterly/annual financial statements.
• Collaborate with external auditors to complete annual audits timely.
• Ensure internal controls and accounting policies are followed.

Skills

CPA strongly preferred

Education

Bachelor's degree in Accounting

Tools

Investran

Microsoft Office

Job description

Company name: Apogem Capital

Location Designation:Hybrid - 1 day per quarter

About Apogem Capital

Apogem is a leading private markets solutions provider with decades of experience focused on the middle market. With approximately $44 billion in assets under management as of December 31, 2025, Apogem partners with institutional investors to deliver disciplined underwriting, strategic capital deployment and long-term value creation.

Apogem Capital operates within the New York Life Investment Management platform of companies, supported by the financial strength and long-term stability of a Fortune 100 mutual organization.

Position Summary

The Assistant Vice President is responsible for overseeing the accounting, reporting, and operational activities for a portfolio of private equity funds. This role serves as the primary reviewer of fund accounting deliverables while managing day-to-day relationships with fund administrators, auditors, and internal business partners.

What You'll Do:

• Oversee fund’s operating activities (investor level and portfolio level)
• Perform cash and credit facility management relating to funds
• Daily review of all financial transactions entered in Investran on a US GAAP basis for private equity fund structures and related entities
• Review of detailed data relating to investments, investors, and legal entities as required for internal and external reporting
• Review fund administrator deliverables, including financial statements, capital account statements, capital call notices, distribution notices, management fees, and NAV packages
• Approve waterfalls and carried interest calculations
• Coordinate with fund administrators to ensure timely issuance of quarterly/annual financial statements and capital account statements for each entity
• Collaborate with external auditors to ensure annual audits are completed timely and efficiently
• Confirm legal entity, investor, and investment onboarding and set-up in Investran and fund administrator systems
• Approve performance metrics for both investments and investors
• Ensure internal controls and established accounting policies are consistently followed
• Ability to manage multiple funds and deadlines simultaneously
• Function within various operational and system workflows (Unqork, Investran)
• Address any regulatory, investor, and management reporting requests
• Interact with various groups within the organization (investor relations, legal, tax, marketing, and investment teams) to obtain and provide timely information
• Manage and train small teams of junior resources (if applicable)
• Capable of interpreting partnership agreements and applying terms to fund operations
• Participation in special projects to enhance accounting, operations, and reporting processes

What You'll Bring:

• CPA strongly preferred
• Bachelor's degree in Accounting with a minimum of 5-7 years of relevant work experience preferred
• Experience working with a fund administrator and auditors
• Strong knowledge of private equity structures and US GAAP accounting requirements
• Proficient using Investran and Microsoft Office applications
• Strong desire and ability to leverage technology
• Strong quantitative and qualitative analytical skills
• Strong leadership, communication, and mentorship skills
• Strong work ethic and high level of attention to detail
• Ability to meet challenging deadlines while maintaining quality and accuracy

Pay Transparency

Salary range:$130,000 - $150,000

Overtime eligible:Exempt

Discretionary bonus eligible:Yes

Sales bonus eligible:No

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more.

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We’re proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.